Babylon Holdings Limited (BBLN) Misses Q4 EPS by 57c
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Babylon Delivers Four-Fold Revenue Growth in 2021 and On Track to Meet Three-Fold 2022 Revenue Growth to up to $1 Billion
March 10, 2022 6:00 AM EST2021 revenue grew over four times year-over-year to $323 million Monthly revenue in January 2022 exceeded $80 million Guidance for 2022 revenue to grow again almost another three times to $900 million to $1 billion Significant operational leverage, with Adjusted EBITDA as a percentage of Total revenue improving from (184)% in 2020 to (54)% in 2021, and projected to fall further to around (30)% in 2022; a six times reduction between 2020 and 2022 While growth continues at pace, 2022 focus will be on driving cost of care delivery margin improvements 2022 will also be a year of technology investment anchoring software... More
